Terax Energy (OTC BB:TEXG) Current Price (2.19) www.liquidstockreport.com
DALLAS, TX---Jun 8, 2007 -- Terax Energy (OTC BB:TEXG.OB - News) announced today that Westar Oil Inc has acquired the senior debt position held by third party creditors in the amount of Three Million Dollars. Westar intends to convert the debt into stock of Terax Energy at a value of $6.75 per share. Westar has also announced its intention to enter into a share exchange agreement with Terax Energy in which Westar shares will be valued at $24.50 per share and Terax shares will be valued at $6.75 per share. That exchange will be effective for all shareholders of record as of June 21, 2007. Terax Energy, Inc. operates as an independent gas exploration, development, and production company in the United States. The company focuses on exploring the gas reserves located in the Barnett Shale formations of the Fort Worth Basin. Its principal properties consist of 2 blocks of oil and gas leases, 1 covering approximately 11,300 gross acres in Erath County, Texas; and 1 covering a block of approximately 16,200 gross acres in Comanche County, Texas. Terax Energy was founded in 2000 as Royal Phoenix and changed its name to Terax Energy, Inc. in 2005. The company is headquartered in Austin, Texas.
Dies ist der letzte Bericht den ich aus dem Wallstreetforum sah.
Ähnliche Berichte die man dort versch.versuchte zu übersetzen haben zu unterschiedlichen Ergebnissen geführt.
So war lange nicht sicher,zu welchem Kurs eine Aktie übernommen werden soll.
Da stand im Raum 0,21$ und dann wieder &,75$
Mit dem Übersetzen hab auch ich meine Probleme.
Das können andere sicher besser.Vor allem die Amis selbst !!!